Wayne Ma

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About

Wayne Ma is a reporter for The Information in Hong Kong. He was previously at Dow Jones Newswires and The Wall Street Journal for 10 years in Singapore, Beijing and Hong Kong, where he covered everything from oil trading to China's biggest conglomerates and technology companies. Originally from Chicago, he is a graduate of New York University's business and economic reporting program.

Articles

Indian Hotel Startup Oyo Has $1 Billion for Operations

The comments come after Oyo booked losses and laid off thousands amid the Covid-19 pandemic, which has drastically reduced demand for travel.

Apple to Move Some MacBook, iPad Production to Vietnam

Although Apple is moving some production to Vietnam, the country still lacks China’s labor pool, delivery infrastructure and supply chain of component makers.

China Uses Supercomputer Powered by Intel, Nvidia to Repress Uighurs

The report calls into question whether U.S. chipmakers should ban the sale of all products to companies in China with ties to the Chinese military.

Raytheon Engineer Sentenced to Prison for Taking Secrets to China

Many new cases of Chinese technology theft were opened by the Trump administration and will likely continue under President-elect Joe Biden.

Chinese Chipmaker Tsinghua Unigroup Defaults on Bond

The default shows how difficult it has been for China to invest in its own chip companies in a bid to become self reliant from the U.S.

Topics

Forum Posts

Nvidia is No. 1. Should It Be?

Posted byAmir Efrati

The Information

I'm curious what people here think about Nvidia becoming the world's most valuable company by market cap. AI computing is real, the data center and power investments the top tech giants are making for AI computing are real, but is there a problematic gap between those hundreds of billions of dollars in investments and the revenue (or big savings) being generated fr...

Adobe-Figma: what gives?

Posted byAmir Efrati

The Information

I'm all out of superlatives to describe the incredible $20B price tag for Figma. Do any Figma and/or Adobe users think this is a wise deal at 50/60+ ARR?

#adobe #figma #m&a

American VCs & LPs making bank in China -- OK or not OK?

Posted byAmir Efrati

The Information

I wanted to give some context for our exclusive report about Sequoia Capital's China arm having (very quietly) employed the daughter of one of the most powerful political bureaucrats in China. There's a growing U.S. political movement to stop some cross-border investments and commerce involving China, given the shared geopolitical animosity between the two. It's...

#apple #china #sequoia capital

DataRobot CEO Resigns After Furor Over Undisclosed Secondary Stock Sale. Will the Practice Change?

Posted byAmir Efrati

The Information

The debate about secondary stock sales doesn't seem to be peaking, given how many founders and non-founders (in DataRobot's case, short-tenured execs) cashed out quietly last year when valuations were generous. What other shoes will drop? Who else in tech startup land cashed out didn't let long-tenured employees do the same?